Budget saw reduction in net financing needs leading to cut in DMO remit for issuance
The Treasury will aim to plug the growing financial holes caused by Covid-19 by selling off £45bn of bonds during April.
The Debt Management Office (DMO) is set to issue a 30-year inflation protected bond as investors clamour for ways to protect against rising inflation.
The Debt Management Office (DMO) has sold a new tranche of long-dated index-linked treasury gilts at a gross real redemption yield of -1.32%, a record low which experts say is due to "structural" market imbalances.
Helen Morrissey looks at the potential impact of the Budget on UK gilts
Debt Management Office chief executive Robert Stheeman discusses the impact of shrinking annuity sales on the UK gilt market.
Budget changes will not significantly affect demand for gilts according to the UK Debt Management Office's (DMO) chief executive Robert Stheeman.
Chairman of the National Association of Pension Funds (NAPF) Ruston Smith has called for more index-linked gilts to be introduced to the market to meet pension scheme demand.
The UK Debt Management Office (DMO) will launch a 55-year index linked gilt in the coming weeks but says issuing any bonds of longer duration remains difficult due to lack of demand.
The value of expressions of interest in the new 55-year gilt launched by the Debt Management Office (DMO) reached £12.8bn within the first hour of trading.